The Cointelegraph Press Review

Cointelegraph.com News

• Binance says US midterms could boost Bitcoin and stocks
  Binance Research says US midterms could set up a rebound for Bitcoin and stocks, though oil shocks and Middle East tensions may weigh near term.The US midterm elections may be the next catalyst to kickstart the crypto and stock market recovery, according to historical data shared by Binance Research.According to a Wednesday report from Binance […]
• Perp DEXs become the latest battleground for blockchains
  Chains are launching perp DEXs to capture trading activity, but history suggests liquidity will consolidate around only a handful of platforms.In crypto’s latest infrastructure race, blockchains are competing to host perpetual futures exchanges. Many are now launching or incubating decentralized derivatives markets themselves, even as centralized platforms continue to dominate.Derivatives make up most of today’s […]
• Why Ray Dalio says Bitcoin can’t replace gold
  Ray Dalio argues Bitcoin cannot replace gold as a store of value, citing central bank demand, market maturity and Bitcoin’s risk-asset behavior.Ray Dalio argues that Bitcoin cannot replace gold as the world’s primary store of value because gold has thousands of years of history as money and remains deeply embedded in the global financial system.Gold’s […]
• Stablecoins are becoming crypto’s largest wasted resource
  Stablecoins move trillions each year but mostly sit unused, leaving a widespread inefficiency across crypto markets.Opinion by: Artemiy Parshakov, vice-president of Institutions at P2P.orgStablecoins sit at the center of the digital asset economy, functioning as the de facto cash layer for onchain markets. With over $300 billion now held in stablecoins, they often exceed the […]
• South Korea plans to use AI for crypto tax enforcement
  The National Tax Service has opened a procurement bid for a platform to analyze crypto trading data and flag potential tax evasion.South Korea’s tax authority is preparing to deploy artificial intelligence to track cryptocurrency investment gains as the government moves closer to implementing a long-delayed tax on digital assets.According to a report by The Korea […]
• Chinese fraud victims challenge UK redress plan for 61,000 seized Bitcoin: FT
  Chinese investors defrauded in the Zhimin Qian case are asking the UK High Court to reject a redress plan for 61,000 seized Bitcoin, saying it could deprive them of the assets’ gains.Victims of a Chinese investment fraud are challenging a United Kingdom proposal to compensate them through a Chinese redress scheme, arguing the plan could […]
• Bitcoin buyers ‘in control’ but trend won't change until this level breaks
  Bitcoin analysts said buyers were regaining control, but reclaiming $78,000 as support was key to reversing the overall downtrend.Market analysts say Bitcoin (BTC) is in a relief rally after its 17% recovery from multi-year lows below $60,000, but the $78,000 level is key to reversing the broader downtrend.Key takeaways:Bitcoin price is up 17% from sub-$60,000 […]